Hyperdynamics holds the largest offshore exploration acreage position in West Africa. The Company began initial studies of existing seismic covering its 31,000 square mile contract area offshore Republic of Guinea in 2002. It has since acquired 7,800 km of 2D seismic, conducted a geochemical drop core survey, performed a remote sensing satellite study for oil seeps and conducted an independent integrated interpretation of the data. Hyperdynamics expects to conduct an additional 2D seismic acquisition program in late 2009 to extend coverage of modern data throughout the concession.

The Company is currently pursuing a farmout program with other operators.

Courtesy of IHS, Inc.